Correction: This story has been updated to reflect the correct name of the University of Louisville Protection and Advocacy Coalition.

A group of Louisville supporters looking to reinstate the Cardinals' 2013 men's basketball championship plans to file a lawsuit against the NCAA as soon as next week.

Anthony Cotton, the founder of the group known as the University of Louisville Protection and Advocacy Coalition or U of L PAC, said Friday afternoon during a press conference at the Taj Louisville bar that the group has filed for incorporation status so that it can begin taking donations. Cotton said he has received one contribution totaling $5 so far.

U of L PAC attorney Robert Florio said he will file a lawsuit in Jefferson County Circuit Court against the NCAA on Wednesday seeking the reinstatement of wins the Louisville men's basketball team has vacated and repayment of financial damages, the amount of which Florio did not specify.

The attorney is alleging arbitrary and capricious conduct and breach of contract.

“It’s in the final stages right now,” Florio said. “I’ve identified all the causes of action … and I’ve also identified several legal theories that give fans standing against the NCAA, which is one of the biggest challenges in this lawsuit.”

Florio said since the NCAA is a trustee and the schools are beneficiaries, “It’s a simple principle of trust law that you can’t treat one beneficiary differently than another beneficiary. So you ask me, sir, what did they do illegally? They treated us differently.”

Florio’s allegation is that the NCAA leveled an unfair punishment against Louisville, though the NCAA has vacated championships before. Asked for a specific example of inequitable treatment, he named the recruiting punishments against Alabama football in the early 2000s, which did not result in a vacated championship but did result in a postseason ban.

Cotton and his colleagues have not had any communication with university officials yet, though he did say he plans on reaching out to athletic director Vince Tyra and the school’s new president, Neeli Bendapudi.

Florio also said he submitted a Freedom of Information Act petition to the NCAA, though he was unsure whether the NCAA is obligated to fulfill such requests. The organization has contested those requirements in the past.

“Who knows where it’s going to end up?” Cotton said. “If you don’t fight, you will lose. If you do fight, you at least have a (chance), I hope.”